Market open: Sensex, Nifty hit fresh record high

Infosys banking and road sector stocks in focus today

India's Sensex extended record rally on Friday following gains in Asian equities as upbeat earnings from US hi-tech giants boosted risk appetite.

Shares of Bharat Heavy Electricals (up 1.40 per cent), Finolex Cables (up 1.39 per cent), Carborundum Universal (up 1.28 per cent), Suzlon Energy (up 1.26 per cent), GE T&D India (up 1.20 per cent), Larsen & Toubro (up 1.17 per cent) and Bharat Electronics (up 1.17 per cent) were also gaining in the index. MSCI's broadest index of Asia-Pacific shares outside Japan was flat in dollar terms.

The 30-share BSE Sensex was down 47.50 points at 32995.00 and the 50-share NSE Nifty fell 16 points to 10,279.40.

On the other hand, State Bank Of India (3.17%), Larsen & Toubro (1.39%), Oil & Natural Gas Corporation (0.96%), Tata Steel (0.91%), Infosys (0.87%), and Bharti Airtel (0.65%) were the biggest gainers in the Sensex. United Spirits jumped as much as 18 percent on reporting an 86 percent jump in Q2 profit.

'I Cannot Believe the Media Produced Such Beautiful Children'
Donald Trump loves to trash-talk members of the mainstream media - even to their own grade school-aged children. He continued: "These are attractive , wonderful children". "I wouldn't say you did very well here".

Sector-wise, the S&P BSE healthcare index surged by 223.88 points, followed by the automobile index higher by 214.01 points and the consumer durables index augmented by 50.79 points.

Yes Bank slumped 7 percent after the lender reported a sharp rise in bad loans on Thursday following the Reserve Bank of India's supervisory assessment. Biocon lost 2.4 percent after its quarterly profit fell 53 percent from past year on account of lower offtake of APIs, production disruption and tender delays.

The market breadth was negative as about three shares declined for every two shares rising on the BSE.

Related News:

  • Government Welcomes Coffin Case Sentencing

    Government Welcomes Coffin Case Sentencing

    The two farm workers who filmed themselves forcing Victor Mlotshwa into a coffin will each spend more than a decade behind bars. The sentences in the so-called coffin case highlights the need to strengthen the law around hate crimes, Masutha said .
    US Economy Grows 3.0 Percent In Third Quarter

    US Economy Grows 3.0 Percent In Third Quarter

    However, asset prices, including real estate prices, can swing sharply, perhaps because of rising inflation and interest rates. This is the second consecutive quarter that the leading indicator of economic strength, the GDP, met President Trump's goal.
    Virginia benefitting in multistate Deutsche Bank settlement

    Virginia benefitting in multistate Deutsche Bank settlement

    The investigation found that from as early as 2005 Deutsche Bank had acted unlawfully in their misrepresentation of LIBOR rates. Deutsche Bank cooperated with the states' investigation, according to the settlement agreement.
  • Immigration Agents Detain Girl With Cerebral Palsy

    Immigration Agents Detain Girl With Cerebral Palsy

    They sent Rosa Maria with a cousin to the hospital because the cousin is a USA citizen and could pass through the checkpoint. But attempts to have Rosa Maria released to her cousin or to her grandfather, a legal resident of 45 years, have failed.
    Tennessee nurse serenades dying patient with her favorite song

    Tennessee nurse serenades dying patient with her favorite song

    Olivia I believe we would see a lot more healing!" A GoFundMe account has been set up to help Margaret's family with funeral expenses.
    65 percent of baby products tested in study had arsenic in them

    65 percent of baby products tested in study had arsenic in them

    The non-profit organization is called #Clean Label Project and advocates for product labeling transparency. We hear words like "arsenic" and "lead" and immediately think the absolute worst.
  • Sony Launches Two Budget Xperia R1 Smartphones In India

    Sony Launches Two Budget Xperia R1 Smartphones In India

    The Xperia R1 comes with 2GB RAM and 16 GB storage while the Xperia R1 Plus comes with 3GB RAM and 32GB storage. These are dual-SIM 4G VoLTE smartphones with dedicated dual Nano-SIM slots along with a microSD expansion slot.
    DeMarcus Cousins Back in Sacramento for First Game Since Trade to Pelicans

    DeMarcus Cousins Back in Sacramento for First Game Since Trade to Pelicans

    Cousins also had about 125 family members and friends at the game, filling two suites. Mike Conley scored nine of his 22 points in the fourth quarter for the Grizzlies.
    Trump declares opioid crisis a 'national public health emergency'

    Trump declares opioid crisis a 'national public health emergency'

    The opioid epidemic killed 64,000 Americans in 2016, prompting Trump to call it the "worst drug crisis in our nation's history". But it remains unclear what impact Trump's new order will have on the crisis.
  • Ford earnings grow 63%

    Ford earnings grow 63%

    Following the transaction, the director now directly owns 25,000 shares of the company's stock, valued at approximately $306,500. The automaker's market share dropped slightly in the U.S.to 13.5% despite a 4% rise in sport-ute sales during the period.
    Cardinals' sole Gold Glove finalist is a familiar one: Yadi

    Cardinals' sole Gold Glove finalist is a familiar one: Yadi

    The longest, active consecutive streak of Rawlings Gold Glove Award wins belongs to the Colorado Rockies' Nolan Arenado with four. He played there more than any other position, sure, but he only logged 541 2/3 defensive innings there total this season.
    Want to dispose unwanted prescription drugs? Police will help, no questions asked

    Want to dispose unwanted prescription drugs? Police will help, no questions asked

    The DEA estimates the events have resulted in more than 8 million pounds of pills being turned over to the agency. The National Prescription Drug Take Back Day addresses a crucial public safety and public health issue.


Most liked

Bezos retakes title of world's richest man
Bezos owns a 17 percent stake in Amazon , in addition to his Blue Origin holdings and stake in the Washington Post. It became a major player in grocery retail overnight with the purchase of Whole Foods for US$13.7 billion in June.

Aaron Rodgers: Vikings' Barr made obscene gestures after knockout play
Packers coach Mike McCarthy called the play " totally unnecessary ". Rodgers was placed on injured reserve the day after the surgery . The Packers have reached the playoffs every season since 2009.

Halep out as Garcia shocks Wozniacki
It was a bitterly disappointing evening for Halep, who was impressive in her opening victory over Caroline Garcia. However, such a comment further adds to the sense that there is a growing tendency...